1. Maritime Expert Ireland: Survey specialists
2020 was a challenging year for many in the maritime industry with shipping firms across a range of sectors facing difficult, if not existential challenges. For Irish maritime however the sector experienced another year of strong development. It has been one of the overlooked themes in European shipping over the past five years, but the steady rise of Irish maritime has been a proper success story. https://splash247.com/maritime-expert-ireland-survey-specialists/
2. Korean naval forces arrive as tanker shipping faces up to the threat of more Iranian seizures
Korean naval forces have arrived near the Strait of Hormuz as dialogue gets underway to free the Hankuk Chemi and its 20 crew. The vessel was taken by Iran’s Revolutionary Guards yesterday, claiming pollution charges, something the ship’s owner, Busan-based DM Shipping, has denied.
3. European Commission urged to act amid record box freight rates
The associations will meet the commission in the coming days, they said in a joint release yesterday, “to further demonstrate the damage carriers’ behaviour is causing to trade growth at a time of economic recession”.
In the last 10 weeks of 2020, box freight rates from Asia to Europe nearly quadrupled to in excess of $4,000 per teu. https://splash247.com/european-commission-urged-to-act-amid-record-box-freight-rates/
4. Evergreen in talks for mega boxship sale and leaseback deal
The deal will be carried out through Evergreen’s subsidiary Greencompass Marine. No other details were disclosed, with Evergreen only saying it would make a further announcement when the deal is concluded. Japan’s Shoei Kisen is deemed the most likely party Evergreen is speaking with. Shoei Kisen sister firm, Imabari Shipbuilding, is capable of building such giant ships. https://splash247.com/evergreen-in-talks-for-mega-boxship-sale-and-leaseback-deal/
5. Shanghai city centre bids farewell to shipbuilding
For more than a century visitors to Shanghai have been able to see deepsea ships in dock, under construction. This chapter of the city’s maritime heritage is set to close with news of a final yard relocation. https://splash247.com/shanghai-city-centre-bids-farewell-to-shipbuilding/
6. ZIM Plans IPO on New York Stock Exchange
Israeli shipping company ZIM Integrated Shipping Services has notified the U.S. Securities and Exchange Commission of its intention for an initial public offering of its ordinary shares on the New York Stock Exchange amid the red hot liner shipping market.
7. Sagarmala Development Company To Float SPV For Seaplane Project
Ministry of Ports, Shipping and Waterways to initiate Seaplane services on select routes through a Special Purpose Vehicle (SPV) involving airline operators.The project execution and implementation will be through Sagarmala Development Company Ltd (SDCL), which is under the administrative control of the Ministry, said a release. https://www.shippingtribune.com/news/shipping/Sagarmala+Development+Company+to+float+SPV+for+seaplane+project
8. ClassNK Releases Guideline For Survey And Facilities/Equipment Of LNG Bunkering Ships
Leading Classification Society ClassNK released its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, which outline the additional safety requirements of liquefied gas carriers that supply LNG fuel at sea.
9. Adani Ports Cargo Volumes Jump 47 % In December To 27.2 Mt
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator, handled 27.2 million tonnes (mt) of cargo across its network of ten ports in December, posting a year-on-year increase of 47 per cent.
10. Jindal Steel And Power Posts Record Sales, Production Numbers In December
Private steel maker Jindal Steel and Power Ltd (JSPL) on Monday posted a record 30 per cent jump in its standalone production and 25 per cent growth in sales during December 2020. The company’s total production from its plants in India was at 7.27 lakh tonne (LT) in December, up from 5.59 LT during the same month in 2019, JSPL said in a statement. https://www.shippingtribune.com/news/shipping/Jindal+Steel+and+Power+posts+record+sales%2C+production+numbers+in+December